A million businesses will get a one-off reduction of $650 on their power bills and millions more will be able to access tax breaks for electrification.
There will be a “bonus” 20 per cent deduction on total eligible spending of up to $100,000 that supports electrification and more efficient use of energy, helping up to 3.8 million businesses.before the budget that his Sydney-based manufacturing business was struggling with power bills.“We’ve signed advance contracts with some suppliers. But still, energy costs are a significant burden to us. I can’t run my factory without power.
Although there were no specific changes to the advertising requirements in the budget, the government did say it would allocate 70 per cent of the migrant cap next financial year to Dr Talbot is likely to be pleased with the outcome, having called for a “sidecar” to the National Reconstruction Fund to provide grants to smaller businesses. “We need access like the big projects,” she saidAustralia’s growing technology industry has been eager to understand how the National Reconstruction Fund will begin distributing its $15 billion war chest, which was legislated in March to provide loans, equity investments and guarantees for science-based businesses.